Norwalk CT - Weekly Real Estate Market Statistics Report - September 13, 2011

NORWALK CT HOMES: The median list price in Norwalk has dropped slightly to $437,000.  As of this morning, there are 460 homes actively on the market. These homes have been available an average of 115 days and are listed at an average of $739,018.

The highest priced home for sale in the city is listed at $5,975,000 and the lowest priced home available is $149,900.

SINGLE FAMILY HOME INVENTORY based upon current absorption rate: 10.87 months

Sixteen new listings came on the market this week, and five homes  came back on the market after being under deposit.  There were 26 properties that had a price change. This was yet another solid week for deposits, and five properties have gone under the initial deposit stage, which we call CTS, and 14 properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close. Their average market time was 97 days.

CLOSINGS:  Five single family homes were reported sold this past  week.  These homes had an average price of $549,780 and  were on the market an average of 100 days. There were 85 status changes in the last week.

NORWALK CT CONDOS:  The 266 condominiums that are available in Norwalk are listed at an average price of $312,762 and have been on the market an average of 143 days, although the median price of a condo in Norwalk is still fairly consistent at $237,000. The highest priced condominium for sale in the city is listed at $2,650,000 and the lowest priced condo available is $42,500.

CONDOMINIUM  INVENTORY based upon current absorption rate: 14.72 months

There were six new listings this week, and one home came back on the market after being under deposit. There were seven properties that had a price change. In the last week  four properties went into CTS status,  and seven properties went into pending status. Their average market time was 84 days.

CLOSINGS:  There was just one condominium that was reported as closed in the last week, and it was listed at $375,000 and  was on the market for 45 days.  There were 43 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 142 homes or apartments available. The median monthly price is $1,912 and the average price is $2,863 per month. These year round rental opportunities have been on the market an average of 34 days.

There is just one seasonal rental available throughout Norwalk, and it has been on the market  97 days, and a price of $13,000. The median  price of both furnished and unfurnished seasonal rentals is  $13,000.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

Tweet

Norwalk CT - Weekly Real Estate Market Statistics Report - September 6, 2011

NORWALK CT HOMES: The median list price in Norwalk has dropped slightly to $437,000.  As of this morning, there are 459 homes actively on the market. These homes have been available an average of 113 days and are listed at an average of $734,193.

The highest priced home for sale in the city is listed at $5,975,000 and the lowest priced home available is $149,900.

Eighteen new listings came on the market this week, and no homes  came back on the market after being under deposit.  There were16 properties that had a price change. This was yet another solid week for deposits, and seven properties have gone under the initial deposit stage, which we call CTS, and eight properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

CLOSINGS:  Eight single family homes were reported sold this past  week.  These homes had an average price of $438,214 and  were on the market an average of 101 days. There were 98 status changes in the last week.

NORWALK CT CONDOS:  The 268 condominiums that are available in Norwalk are listed at an average price of $311,435 and have been on the market an average of 141 days, although the median price of a condo in Norwalk is still fairly consistent at $236,250. The highest priced condominium for sale in the city is listed at $2,650,000 and the lowest priced condo available is $42,500.

There were nine new listings this week, and no homes came back on the market after being under deposit. There were six properties that had a price change. In the last week  four properties went into CTS status,  and five properties went into pending status.

CLOSINGS:  There were five condominiums that closed in the last week, and they were listed at an average price of $308,740 and  were on the market for an average of 81 days.  There were 56 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 131 homes or apartments available. The median monthly price is $1,800 and the average price is $2,916 per month. These year round rental opportunities have been on the market an average of 38 days.

There is just one seasonal rental available throughout Norwalk, and it has been on the market  90 days, and a price of $13,000. The median  price of both furnished and unfurnished seasonal rentals is  $13,000.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

Tweet

Norwalk CT - Weekly Real Estate Market Statistics Report - August 30, 2011

NORWALK CT HOMES: The median list price in Norwalk has dropped slightly to $437,000.  As of this morning, there are 449 homes actively on the market, and the number of active homes has been dwindling of late. These homes have been available an average of 115 days and are listed at an average of $747,809.

The highest priced home for sale in the city is listed at $5,975,000 and the lowest priced home available is $149,900.

Ten new listings came on the market this week, and three homes  came back on the market after being under deposit.  There were seven properties that had a price change. This was yet another solid week for deposits, and ten properties have gone under the initial deposit stage, which we call CTS, and eight properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

CLOSINGS:  Twelve single family homes were reported sold this past  week.  These homes had an average price of $692,542 and  were on the market an average of 90 days. There were 65 status changes in the last week.

NORWALK CT CONDOS:  The 276 condominiums that are available in Norwalk are listed at an average price of $306,515 and have been on the market an average of 142 days, although the median price of a condo in Norwalk is still fairly consistent at $234,500. The highest priced condominium for sale in the city is listed at $2,650,000 and the lowest priced condo available is $42,500.

There were three new listings this week, and no homes came back on the market after being under deposit. There were four properties that had a price change. In the last week  three properties went into CTS status,  and seven properties went into pending status.

CLOSINGS:  There were six condominiums that closed in the last week, and they were listed at an average price of $241,150 and  were on the market for an average of 136 days.  There were 31 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 119 homes or apartments available. The median monthly price is $1,800 and the average price is $2,995 per month. These year round rental opportunities have been on the market an average of 41 days.

There is just one seasonal rental available throughout Norwalk, and it has been on the market  85 days, and a price of $13,000. The median  price of both furnished and unfurnished seasonal rentals is  $13,000.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

Norwalk CT - Weekly Real Estate Market Statistics Report - August 23, 2011

NORWALK CT HOMES: The median list price in Norwalk remains steady at $442,000.  As of this morning, there are 462 homes actively on the market. These homes have been available an average of 113 days and are listed at an average of $752,314.

The highest priced home for sale in the city is listed at $5,975,000 and the lowest priced home available is $149,900.

Twelve new listings came on the market this week, and three homes  came back on the market after being under deposit.  There were ten properties that had a price change. This was yet another solid week for deposits, and nine properties have gone under the initial deposit stage, which we call CTS, and thirteen properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

CLOSINGS:  Fourteen single family homes were reported sold this past  week.  These homes had an average price of $666,686 and  were on the market an average of 85 days. There were 72 status changes in the last week.

NORWALK CT CONDOS:  The 280 condominiums that are available in Norwalk are listed at an average price of $307,929 and have been on the market an average of 140 days, although the median price of a condo in Norwalk is still fairly consistent at $236,250. The highest priced condominium for sale in the city is listed at $2,650,000 and the lowest priced condo available is $47,500.

There were five new listings this week, and two homes came back on the market after being under deposit. There were fourteen properties that had a price change. In the last week  four properties went into CTS status,  and one property went into pending status.

CLOSINGS:  There were eight condominiums that closed in the last week, and they were listed at an average price of $326,200 and  were on the market for an average of 316 days.  There were 50 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 121 homes or apartments available. The median monthly price is $1,787 and the average price is $3,043 per month. These year round rental opportunities have been on the market an average of 39 days.

There are just two  seasonal rentals available throughout Norwalk, and they have been on the market an average of 120 days, and at an average price of $8,375. The median  price of both furnished and unfurnished seasonal rentals is  $8,375.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.

Norwalk CT - Weekly Real Estate Market Statistics Report - August 16, 2011

NORWALK CT HOMES: The median list price in Norwalk remains at $442,450.  As of this morning, there are 463 homes actively on the market, and the inventory has been dropping. These homes have been available an average of 110 days and are listed at an average of $758,686.

The highest priced home for sale in the city is listed at $5,975,000 and the lowest priced home available is $69,000.

Fourteen new listings came on the market this week, and four homes  came back on the market after being under deposit.  There were nine properties that had a price change. This was yet another solid week for deposits, and 14 properties have gone under the initial deposit stage, which we call CTS, and eleven properties went into Pending status, which means that the conditions have been satisfied, and the property is scheduled to close.

CLOSINGS:  Eight single family homes were reported sold this past  week.  These homes had an average price of $576,975 and  were on the market an average of 99 days. There were 82 status changes in the last week.

NORWALK CT CONDOS:  The 279 condominiums that are available in Norwalk are listed at an average price of $309,867 and have been on the market an average of 134 days, although the median price of a condo in Norwalk is still fairly consistent at $235,500. The highest priced condominium for sale in the city is listed at $2,650,000 and the lowest priced condo available is $47,500.

There were four new listings this week, and two homes came back on the market after being under deposit. There were ten properties that had a price change. In the last week  seven properties went into CTS status,  and five properties went into pending status. CLOSINGS:  There were three condominiums that closed in the last week, and they were listed at an average price of $230,037 and  were on the market for an average of 277 days.  There were 46 status changes for the week.

RENTALS: If you are looking to rent year round, either furnished or unfurnished, there are 114 homes or apartments available. The median monthly price is $1,662 and the average price is $2,895 per month. These year round rental opportunities have been on the market an average of 38 days.

There are just two  seasonal rentals available throughout Norwalk, and they have been on the market an average of 112 days, and at an average price of $8,375. The median  price of both furnished and unfurnished seasonal rentals is  $8,375.

SOURCE: Market Data is compiled from the GFC-CMLS and represents activity through our local MLS system. Private sales are not included in these statistics.